Clicca qui per scaricare

A new political economy of climate change
Autori/Curatori: Michel Damian 
Anno di pubblicazione:  2015 Fascicolo: Lingua: Inglese 
Numero pagine:  10 P. 5-14 Dimensione file:  153 KB
DOI:  10.3280/EFE2015-002001
Il DOI è il codice a barre della proprietà intellettuale: per saperne di più:  clicca qui   qui 

This article responds to Jean Tirole, winner of the Nobel prize for economics in 2014 and the signatories of the international appeal launched by Toulouse School of Economics and the Climate Economics Chair at Paris Dauphine University who propose setting a universal carbon price and establishing a transcontinental emissions trading system. We hold that the Paris Agreement, which disregarded such recommendations, represents a paradigm shift. The new economy of climate change departs from the standard approach with regard to its economic instruments (emissions prices and quotas), returning to a classical political economy approach in terms of production economics. It confers a strategic role on methods and techniques for cutting emissions, as part of a long-term vision of energy and industrial transition. It is underpinned by the concerted action of States and multiple actors operating on various scales. There can be no magic wand to swiftly reduce greenhouse gas emissions while disregarding the real conditions of States, which all differ in terms of their relative development, technological capacity and political and social situation, not to mention the diversity of their values and priorities. .

Keywords: Paris Agreement, climate change, carbon price, carbon trading, political economy, regulation, decarbonization
Jel Code: Q54, Q58, F53

  1. Barrett S. (2010). Climate Change and International Trade: Lessons on their Linkage from International Environmental Agreements. Geneva, The Graduate Institute, 2nd Conference “Climate Change, Trade and Competitiveness: Issues for the WTO”, 16th, 17th and 18th June.
  2. Bodansky D. (1993). The United Nations Framework Convention on Climate Change: A Commentary. Yale Journal of International Law, 18: 451-558.
  3. Bodansky D. (2015). The Incredible Shrinking Climate Agreement? Opinio Juris, December 8.
  4. Buckley C. (2015). Enacting Cap-and-Trade Will Present Challenges Under China’s System. The New York Times, September 25. china-emissions-xi-jinping-limit-cap-and-trade.html.
  5. Burtraw D. (2012). The Institutional Blind Spot in Environmental Economics. Discussion Paper No. 12-41, Resources for the Future, August 24.
  6. Crampes C. and Léautier T.O. (2015). Of price and men. Toulouse School of Economics, TSE Debate, 29 septembre.
  7. Criqui P. and Damian M. (2015). Non, la COP ne fut pas «un sommet pour rien». The Conversation, 21 décembre.
  8. Damian M. (2014). La politique climatique change enfin de paradigme. Economie Appliquée, LXVII, 1: 37-72.
  9. Damian M. (2015a). Le financement des «pertes et préjudices» et dommages aux pays vulnérables. Blog CEPII, November 12.
  10. Damian M. (2015b). Les chemins infinis de la décarbonisation. Préface de Jean-Marie Chevalier. Paris: Editions Campus Ouvert-L’Harmattan.
  11. Damian M. and Graz J.C. (2001a). Introduction. La montée des conflits. In M. Damian and J.C. Graz (Eds.). Commerce international et développement soutenable. Paris: Economica: 1-17.
  12. Damian M. and Graz J.C. (2001b). The World Trade Organization, the Environment and the Ecological Critique. International Social Science Journal, 53 (170): 597-610., DOI: 10.1111/1468-2451.00347
  13. Damian M. and Vivien F.-D. (2015). La Conférence de Paris 2015. Une nouvelle économie politique des changements climatiques. Problèmes économiques, Hors-série n. 8, September: 116-122. 983_EX.pdf.
  14. Ellerman A.D. (2012). Is Conflating Climate with Energy Policy a Good Idea? Economics of Energy & Environmental Policy, 1 (1): 11-23., DOI: 10.5547/2160-5890.1.1.3
  15. Elysée (2015). Président François Hollande. Discours lors de l'ouverture du «Sommet des Entreprises pour le Climat», Unesco, 20 mai., 2015-05-20,ouverture-du-sommet-des-entreprises-pour-le-climat.
  16. Espagne E. (2015). Les clubs climatiques et la COP21: ennemis d’aujourd’hui, alliés de demain? La Lettre du CEPII, 358, November. 2015/let358.pdf.
  17. Gollier C. and Tirole J. (2015). Negotiating Effective Institutions Against Climate Change. Discussion Paper 2015-72, Harvard Project on Climate Agreements, Belfer Center for Science and International Affairs, Harvard Kennedy School, July. http://belfercenter.
  18. Gollier C., Jouvet P.A., De Perthuis C. and Tirole J. (2014). Conférence sur le climat: à Lima il faut aller plus loin! Le Monde, 10 décembre. 12/09/conference-sur-le-climat-a-lima-il-faut-aller-plus-loin_4537333_3232.html.
  19. IDDRI (2015). The Paris Agreement: historic! What’s next? climate365, December 14.
  20. IPCC (2013). Summary for Policymakers. In: Climate Change 2013: The Physical Science Basis. Contribution of Working Group I to the Fifth Assessment Report of the Intergov-ernmental Panel on Climate Change [Stocker T.F., Qin D., Plattner G.-K., Tignor M., Allen S.K., Boschung J., Nauels A., Xia Y., Bex V. and Midgley P.M. (Eds.)]. Cambridge, UK-New York: Cambridge University Press.
  21. Nordhaus W. (2015). Climate Clubs: Overcoming Free-riding in International Climate Policy. American Economic Review, 105 (4): 1339-1370., DOI: 10.1257/aer.15000001
  22. Qi Ye and Tong Wu (2015). Post-Paris: Time to get back to reality. Brookings, December 18.
  23. Ribera T. and Sachs J. (2015). Pathways to deep decarbonization 2015 report. SDSN-IDDRI, December.
  24. Schmalensee R. and Stavins R.N. (2013). The SO2 Allowance Trading System: The Ironic History of a Grand Policy Experiment. Journal of Economic Perspectives, 27 (1): 103-122., DOI: 10.1257/jep.27.1.103
  25. Thibault E. and Cherbonnier F. (2015). COP21: un sommet pour rien! Toulouse School of Economics, TSE Debate, 20 novembre.
  26. Tirole J. (2009). Politique climatique: Une nouvelle architecture internationale. Rapport n. 86, Conseil d’analyse économique, La Documentation française, Paris, 19 octobre.
  27. Tirole J. (2015a). Accord de Paris: encore un long chemin. The Conversation, December 15.
  28. Tirole J. (2015b). Jean Tirole sur l’accord COP21: «Nous ne sommes guère plus avancés qu’il y a six ans». L’Opinion, December 12.
  29. Tirole J. and Gollier C. (2015). COP21: dépassons les déclarations d’intentions, The Conversation, 27 novembre. 2540EF23F30FEDED/9507A5B2E70873DE05263A35EB2CBB57.
  30. TSE, CEC (2015). Call for an ambitious and credible climate agreement in Paris, TSE-CEC Joint Initiative, Toulouse School of Economics, Climate Economics Chair at Paris-Dauphine University.
  31. United Nations (1992). United Nations Framework Convention on Climate Change.
  32. Wätzold F. (2004). SO2 Emissions in Germany: Regulation to Fight Walsterben. In W. Harrington, R. Morgenstern and R.D. Sterner (Eds.). Choosing Environmental Policy: Comparing Instruments and Outcomes in the United States and Europe. Resources for the Future, Washington, DC, 23-40.

Michel Damian, in "ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT" 2/2015, pp. 5-14, DOI:10.3280/EFE2015-002001


FrancoAngeli è membro della Publishers International Linking Association associazione indipendente e no profit per facilitare l'accesso degli studiosi ai contenuti digitali nelle pubblicazioni professionali e scientifiche